WESTSTAR INDUSTRIAL LIMITED Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
use only
Entity name
WESTSTAR INDUSTRIAL LIMITED
Date of this announcement
Monday January 10, 2022
The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
Total number of +securities to be issued/transferred
Total number of | |||
ASX +security | +securities to be | ||
code | Security description | issued/transferred | Issue date |
WSIAI | PERFORMANCE RIGHTS | 15,000,000 | 10/01/2022 |
For personal
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted | 1 / 6 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
WESTSTAR INDUSTRIAL LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 | Registered number type | Registration number |
ABN | 38119047693 | |
1.3 | ASX issuer code | |
WSI |
- The announcement is New announcement
- Date of this announcement
10/1/2022
Notification of Issue, Conversion or Payment up of Unquoted | 2 / 6 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
For personal use only
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
has an existing ASX security code ("existing class")
Notification of Issue, Conversion or Payment up of Unquoted | 3 / 6 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B
personal use only
ASX +security code and description
WSIAI : PERFORMANCE RIGHTS
Date the +securities the subject of this notification were issued
10/1/2022
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP | Name of registered holder | Number of +securities | |
15,000,000 | |||
Robert Spadanuda | PS Corporate Pty Ltd | ||
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02462417-6A1066995?access_token=8 3ff96335c2d45a094df02a206a39ff4
Any other information the entity wishes to provide about the +securities the subject of this notification
Grant of Unlisted Performance Rights as approved by shareholders at the Annual General Meeting held on 5 January 2022. Rights vest 1:1 to FPO shares subject to the Company's market capitalisation exceeding $30 million (Tranche 1), $35 million (Tranche 2) and $40 million (Tranche 3) respectively for a period of ten trading days.
Issue details | |
For | Number of +securities |
15,000,000 |
Notification of Issue, Conversion or Payment up of Unquoted | 4 / 6 |
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 4 - +Securities on issue
For personal use only
Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted) | |
Total number of | |
ASX +security code and description | +securities on issue |
WSI : ORDINARY FULLY PAID | 1,127,650,462 |
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
Total number of | |
ASX +security code and description | +securities on issue |
WSIAA : OPTION EXPIRING 29-NOV-2022 EX 4C | 30,000,000 |
WSIAI : PERFORMANCE RIGHTS | 60,000,000 |
WSIAJ : OPTION EXPIRING 18-MAY-2023 EX $0.03 | 76,086,946 |
Notification of Issue, Conversion or Payment up of Unquoted | 5 / 6 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Weststar Industrial Limited published this content on 10 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2022 07:47:05 UTC.
